Matrixport Lianchuang: Bitcoin may undergo a healthy downward adjustment of approximately 15% in March
Matrixport co-founder Daniel Yan posted on social media that the current market sentiment has reached a level that should be treated with caution. By the end of April, there may be a healthy downward adjustment of about 15%, with specific adjustments possibly appearing in March. From a macroeconomic perspective, March is already a tricky month (due to the Federal Reserve meeting and BTFP). With the upcoming upgrade of the Dencun mainnet and the Bitcoin halving, the market in March may be weak. It is still unknown where the adjustment will start (whether the new high or the adjustment will come first), but long-term holders need not worry.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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